New Brunswick Credit Union
Deposit Insurance Corporation

The New Brunswick Credit Union Deposit Insurance Corporation is a Crown corporation that provides deposit insurance to members of New Brunswick's credit unions and caisse populaires.

What is the difference between a credit union and a bank?

Membership is the most distinctive feature of the credit union system. All members are equal owners, regardless of the number of shares they hold individually, or the size of their respective credit union deposits. Every member has a say in the direction the credit union will take, and in general has the right to seek election to the board of directors.

Each credit union establishes its own share requirement, for example, one credit union may require members to purchase shares for $25.00 while another credit union may require $200.00